EE 483: Economics of Liberalization, Competition and Regulation

3 (3-0-6)

Prerequisites: EE311

Theories explaining why some economic activities should be liberalized and competition encouraged, while others should be regulated. Economic tools and methods used in regulation. The outcome of these measures, based on perfect and imperfect information. The theory explaining the role of beneficiary groups under regulation. Examples of the reform of structure, ownership and economic activity regulation in developed and developing countries.